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rkbabang

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Everything posted by rkbabang

  1. It's just a different personality type. Sort of like the difference between the longs and the shorts.
  2. Just goes to show that everyone deals with grief (and inheriting a boat load of money earlier than expected) differently.
  3. I'm becoming more and more sure that BTC is going to be the crypto you want to hold. I don't see XTZ going anywhere, I originally bought it at the ICO and have held and staked it since, but I don't see any reason for XTZ over say ETH, ADA, etc... long term. I think ETH has a future, but I can't see why the SEC would say that ADA is a security but ETH is not. I think ETH is going to be targeted by the SEC at some point, probably soon. And when that happens its price will drop relative to BTC and I'd lose my chance to convert at a favorable ratio. So today I made the decision to do it. Even before this business with the SEC this week I had already made the decision that I want to hold a lot more BTC than ETH. I've been watching the ETH/BTC pair for a few weeks and I just got sick of waiting. I'm certainly glad I did that on the 9th. The value of ETH has been decreasing wrt BTC ever since. I expect this trend to continue. ETH has value and will continue to have value, but the long term potential is many orders of magnitudes less than BTC.
  4. He also mentions how they use a game controller so "anyone can drive" it.
  5. I'm already a few years older than my maternal grandfather was when he died. My father's dad lived to 90 though and he was overweight, drank every day from morning until night (literally had his first beer for breakfast) and chain smoked unfiltered cigarettes' his whole life. I'm thinking he was probably meant to live to 100, but killed himself early.
  6. 9 years ago. I wish I was still 41. Time flies. On the bright side my portfolio is larger than it was back then.
  7. As Arthur C. Clarke observed “Any sufficiently advanced technology is indistinguishable from magic.". I would expect any civilization who could actually get here to Earth to have technology that we couldn't possibly understand. The article I posted above talks about a craft that is 30 ft x 30 ft being the size of a football stadium on the inside. Of course that isn't possible with our understanding of physics. Moving through the atmosphere without compressing the air and generating heat isn't possible with our current understanding of physics. BUT. Traveling to other stars in a reasonable amount of time also isn't possible with our current understanding of physics. So either they have come here and can do things that look like magic to us, or they have not been here at all.
  8. I've always loved Portuguese Food (followed by Mexican, Spanish, Italian, Thai, and Indian) and French deserts.
  9. The fact that these aren't even available by prescription, never mind over the counter, shows the power of big pharma. I'm not sure there will be any investable ideas in this space until the FDA is put in its place by the voters somehow. (EDIT) Or the states rebel as they are doing now with cannabis.
  10. And that's just this dimension/timeline, that isn't even counting the interdimensional beings people talk to when they are on DMT, LSD, mushrooms, etc...
  11. Canada certainly isn't known for its cuisine, eh?
  12. If this is true it doesn’t bode well for the self storage industry. People will have all the space they need in their own basements. https://www.dailymail.co.uk/news/article-12175195/amp/Crashed-UFO-recovered-military-distorted-space-time.html Lawyer Daniel Sheehan tells DailyMail.com that a whistleblower told him of a crashed UFO recovered by the US military that 'distorted space-time' 'They had a guy go into it and it was the size of a football stadium, while the outside was only about 30 feet in diameter.' Sheehan said”
  13. I'm becoming more and more sure that BTC is going to be the crypto you want to hold. I don't see XTZ going anywhere, I originally bought it at the ICO and have held and staked it since, but I don't see any reason for XTZ over say ETH, ADA, etc... long term. I think ETH has a future, but I can't see why the SEC would say that ADA is a security but ETH is not. I think ETH is going to be targeted by the SEC at some point, probably soon. And when that happens its price will drop relative to BTC and I'd lose my chance to convert at a favorable ratio. So today I made the decision to do it. Even before this business with the SEC this week I had already made the decision that I want to hold a lot more BTC than ETH. I've been watching the ETH/BTC pair for a few weeks and I just got sick of waiting.
  14. BTC. Yes, I buy some small amount of Bitcoin every week, but today was a major purchase. I funded it by converting 40% of my ETH into BTC, all of my XTZ into BTC, plus new cash as well.
  15. What something actually is has nothing to do with the intentions of its creators. Gunpowder was supposed to be a medicine, but no one thinks of it that way today. I can manufacture shiny little metal beads and tell you that if you buy them they will bring you great wealth because people will pay you more for them someday, and I can do this with the intention of getting rich myself. But that doesn't make these shiny little metal beads into a security. If it isn't a contract which gives you the rights to ownership of something else then it is not a security regardless of what its creators intended.
  16. Yeah. "We already have digital currency. It's called the U.S. dollar. It's called the euro or it's called the yen; they're all digital right now” -- Gary Gensler Not a huge crypto advocate. Yes, the US is clearly not acting rationally here going completely against the advice of Major Jason Paul Lowery in his thesis I recommended above "Softwar". Unless the intention is to get Americans to abandon shitcoins and focus on Bitcoin alone, then maybe they are doing this because they are taking his theory seriously. I don't know.
  17. Exactly. When you own one of these tokens the only thing you own is the token itself. Which makes it closer to a commodity rather than a security.
  18. Macro predictions are fun to read. Nobody knows, everyone will admit that nobody knows, ... yet everyone still thinks they know.
  19. And if you work at the SEC who’s going to prosecute you? Place your bets, then make it happen. Nice work if you can get it.
  20. yeah. I don’t want a mega-mansion, a mega-yacht, or a super car. The only thing the ultra-rich have that I’d love is the ability to fly private. There is no difference in the airport experience between the cheap seats and first class. I don’t weigh 300lbs, I don’t need a bigger seat for 3x the cost. What I want is to avoid the whole commercial airport experience.
  21. It's brutal. Thanks to all the parentals for our efforts to perpetuate the species. My wife stayed home with our kids. This costs us a lot in lost income, but from what I'm reading here about childcare costs, maybe not as much as I assumed. I know we were in the minority. I'm not sure why this isn't done more often as it isn't just about the money, there are a lot of non-monetary benefits to making this choice.
  22. I've never figured out how to like posts on this site, but @Saluki nailed it. No one is truly poor anymore. This is true at least in the first world countries, with the exception of the mentally ill who aren't being taken care of properly, and increasingly close to true in the 3rd world as well. And being rich is in your mind more than anything else. Some are rich with comparably little and others have enormous amounts, even $billions in some cases, but feel they don't have enough.
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